Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 17.003272 19.372458 21.957683 24.988989 28.447396 32.271858 36.824531
2024-10-20 13.120815 16.083700 19.561802 23.949533 29.343237 35.765309 44.005619
2024-10-27 10.539086 13.798144 17.884127 23.390940 30.633470 39.855061 52.523895
2024-11-03 8.947920 12.462365 17.149736 23.873386 33.299291 46.087742 64.834374
2024-11-10 7.770132 11.474706 16.714012 24.688069 36.567638 53.691723 80.401656
2024-11-17 6.610528 10.317520 15.859038 24.780276 38.860861 60.361924 95.945376
2024-11-24 5.444994 8.953061 14.478548 23.858985 39.496263 64.716218 108.872988
2024-12-01 4.513175 7.796650 13.231183 22.934846 39.975422 68.929925 122.431411
2024-12-08 3.876965 7.021172 12.477715 22.703476 41.580918 75.305352 140.940839
2024-12-15 3.411462 6.463161 12.004715 22.882638 43.950791 83.447455 164.260844
2024-12-22 2.987292 5.907496 11.443931 22.803007 45.834107 91.047135 188.100461
2024-12-29 2.724708 5.615962 11.330705 23.568296 49.507184 102.758587 222.525935
2025-01-05 2.410902 5.179579 10.885446 23.640764 51.911946 112.626917 255.765078
2025-01-12 2.077991 4.644678 10.149631 22.972868 52.637950 119.163065 283.267514
2025-01-19 1.827045 4.243054 9.628710 22.684388 54.168080 127.801553 317.629587
2025-01-26 1.678234 4.046591 9.529934 23.354230 58.083732 142.745741 370.727770
2025-02-02 1.563933 3.911131 9.549493 24.318382 62.931572 160.949518 436.397173
2025-02-09 1.419621 3.676001 9.290297 24.543560 65.976539 175.314064 495.419066
2025-02-16 1.241564 3.322646 8.676241 23.734418 66.149401 182.286032 535.827914
2025-02-23 1.086801 3.002447 8.091620 22.894224 66.080607 188.635593 576.124141
2025-03-02 0.980449 2.794676 7.769470 22.725589 67.899154 200.703060 636.635838
2025-03-09 0.901704 2.650187 7.595887 22.954941 70.953663 217.054585 714.687299
2025-03-16 0.822254 2.489115 7.347244 22.914710 73.194426 231.475316 790.257276